Night Club Management Will Have More Tools for Beverage Analysis

Just announced this month, night club management along with its beverage suppliers and distributors will have more information technology available to monitor and track adult beverage sales, thanks to Technomic*. The food and beverage research and consulting firm announced a new line to its databases that will be created for the hospitality, foodservice and nightclub…

Hotel Consulting Services Insight Suggest Better 2012 Budgets

Hotel consulting services group expects budgets in 2012 to exceed those same projections and performance in 2010 and 2011. Both higher revenues and profits will contribute to the resulting increased hotel operating incomes going forward. According to Colliers PKF Hospitality Research in these article excerpts: – “While the 2010 budgets for U.S. hotels did project…

Hotel Investment Advisors Outlook on Transactions Coming Clean by 13

Several hotel investment advisors and hotel investor groups are predicting that real estate transaction volume in the hospitality sector will rise although slowly. Many believe that the combination of improving industry fundamentals and the lack of new development can only add to the motivation to sell. As to lenders holding distressed hotel assets and wanting…